Civic Intelligence

Limitless Potential Inc.

990 • Fiscal year 2022 • EIN 27-2853497

Jan 01, 2022 to Dec 31, 2022 • Filed on May 10, 2023

Organization ProfileN/A
5802 Prairie Grass Ln NECedar Rapids, IA 52411

(319) 239-4339

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.08x

Higher debt load relative to assets than 66% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

54th percentile

0.03x

Higher debt load relative to revenue than 54% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

14th percentile

-23%

Higher net margin than 14% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

94th percentile

$153,265

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 18.1% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

4th percentile

-39%

Faster asset growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

20th percentile

-19%

Faster revenue growth than 20% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets66th percentile

Assets

Down

$320,067

Down $207,110 (-39%) from 2021

Net Assets

Down

$293,222

Down $195,177 (-40%) from 2021

Liabilities

Down

$26,845

Down $11,933 (-31%) from 2021

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin14th percentile

Revenue

Down

$849,023

Down $199,810 (-19%) from 2021

Expenses

Down

$1,044,200

Down $89,205 (-7.9%) from 2021

Net Income

Down

-$195,177

Down $110,605 (-131%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500KAssets 2012: $15,126Liabilities 2012: $23,112Net Assets 2012: -$7,9862012Assets 2013: $18,974Liabilities 2013: $15,129Net Assets 2013: $3,8452013Assets 2014: -$5,121Liabilities 2014: $136,342Net Assets 2014: -$141,4632014Assets 2015: -$1,597Liabilities 2015: $156,673Net Assets 2015: -$158,2702015Assets 2016: $21,916Liabilities 2016: $145,723Net Assets 2016: -$123,8072016Assets 2017: $22,212Liabilities 2017: $119,622Net Assets 2017: -$97,4102017Assets 2019: $248,970Liabilities 2019: $8,412Net Assets 2019: $240,5582019Assets 2020: $605,281Liabilities 2020: $32,310Net Assets 2020: $572,9712020Assets 2021: $527,177Liabilities 2021: $38,778Net Assets 2021: $488,3992021Assets 2022: $320,067Liabilities 2022: $26,845Net Assets 2022: $293,2222022Assets 2023: $449,051Liabilities 2023: $13,133Net Assets 2023: $435,9182023Assets 2024: $665,594Liabilities 2024: $26,468Net Assets 2024: $639,1262024

Highlighted filing

2022

Assets$320,067
Liabilities$26,845
Net Assets$293,222
Open 2022 Filing

Operations Trend

Revenue Growth20th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2012: $711,2352012Revenue 2013: $926,118Expenses 2013: $914,287Net Income 2013: $11,8312013Revenue 2014: $844,856Expenses 2014: $990,164Net Income 2014: -$145,3082014Revenue 2015: $917,852Expenses 2015: $934,659Net Income 2015: -$16,8072015Revenue 2016: $1,294,367Expenses 2016: $1,259,904Net Income 2016: $34,4632016Revenue 2017: $990,030Expenses 2017: $963,633Net Income 2017: $26,3972017Revenue 2019: $1,351,961Expenses 2019: $1,157,045Net Income 2019: $194,9162019Revenue 2020: $1,512,040Expenses 2020: $1,179,627Net Income 2020: $332,4132020Revenue 2021: $1,048,833Expenses 2021: $1,133,405Net Income 2021: -$84,5722021Revenue 2022: $849,023Expenses 2022: $1,044,200Net Income 2022: -$195,1772022Revenue 2023: $1,390,807Expenses 2023: $1,248,111Net Income 2023: $142,6962023Revenue 2024: $1,536,526Expenses 2024: $1,423,560Net Income 2024: $112,9662024

Highlighted filing

2022

Revenue$849,023
Expenses$1,044,200
Net Income-$195,177
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 10, 2023
Return Version
2022v5.0
Gross Receipts
$849,023
Mission and Program Overview

Mission

Providing supported community living services to children with disabilities and their families in the state of iowa

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$488,399$293,222▼ $195,177
Cash and Non-Interest-Bearing Accounts$527,177$207,625▼ $319,552
Land, Buildings, and Equipment, Net-$112,442-
Total Assets$527,177$320,067▼ $207,110
Liabilities
Other Liabilities$38,778$26,845▼ $11,933
Total Liabilities$38,778$26,845▼ $11,933
Net Assets / Fund Balance
Total Net Assets Fund Balance$488,399$293,222▼ $195,177
Total Liabilities and Net Assets / Fund Balance$527,177$320,067▼ $207,110

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$112,442$22,400-
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Edward Mead--$135,343$19,972$155,315
Edward MeadDirector of OperationsFT$153,265-$153,265
Jeremy Gomez--$135,343$17,493$152,836
Jeremy GomezExecutive DirectorFT$151,036-$151,036
Revenue and Support

Revenue Composition

Contributions and Grants
$143
Program Service Revenue
$848,648
Investment Income
$232
Other Revenue
$0
All Other Contributions
$143
Change in Net Assets
$-195,177
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$813,141
Other Expenses$231,059
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$379,363$0$0$379,363
Current Officers, Directors, Trustees, and Key Employees$304,301$0$0$304,301
Other Employee Benefits$58,574$0$0$58,574
Payroll Taxes$54,018$0$0$54,018
Occupancy$28,413$0$0$28,413
Office Expenses$26,043$0$0$26,043
Insurance$24,170$0$0$24,170
Depreciation Depletion$22,400$0$0$22,400
Other Expenses$19,245$0$0$19,245
Pension Plan Contributions$16,885$0$0$16,885
All Other Expenses$15,616$0$0$15,616
Advertising$9,268$0$0$9,268
Fees for Services Accounting$5,198$0$0$5,198
Fees for Services Legal$2,835$0$0$2,835
Fees for Services Management$2,171$0$0$2,171
Total Functional Expenses$1,044,200$0$0$1,044,200
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$23,213
Line of Credit$3,632
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Limitless Potential Inc
EIN
27-2853497
Phone
3192394339
Address
5802 PRAIRIE GRASS LN NE, CEDAR RAPIDS, IA 52411
Doing Business As
Kids First of Iowa

Signing Officer

Name
Jeremy Gomez
Title
Director
Phone
3192394339
Signed
2023-05-10

Organization Details

Principal Officer
Jeremy Gomez
Formed
2010
Legal Domicile
Ia
Voting Board Members
6
Independent Board Members
6
Employees
24
Volunteers
50

Preparer

Firm
John Freeman CPA
Address
222 Edgewood Rd NW, CEDAR RAPIDS, IA 52405
Preparer
John Freeman
Phone
3193965660
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“REVIEW BY DIRECTORS”

Raw XML AppendixShowing 400 of 416 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDING SUPPORTED COMMUNITY LIVING SERVICES TO CHILDREN WITH DISABILITIES AND THEIR FAMILIES IN THE STATE OF IOWA
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt09268
IRS990/AdvertisingGrp/TotalAmt09268
IRS990/AllOtherContributionsAmt0143
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt015616
IRS990/AllOtherExpensesGrp/TotalAmt015616
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0JEREMY GOMEZ
IRS990/BooksInCareOfDetail/PhoneNum03192394339
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05802 PRAIRIE GRASS LN NE
IRS990/BooksInCareOfDetail/USAddress/CityNm0CEDAR RAPIDS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd052411
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0527177
IRS990/CashNonInterestBearingGrp/EOYAmt0207625
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0304301
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0304301
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0143
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0232
IRS990/CYOtherExpensesAmt0231059
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0848648
IRS990/CYRevenuesLessExpensesAmt0-195177
IRS990/CYSalariesCompEmpBnftPaidAmt0813141
IRS990/CYTotalExpensesAmt01044200
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0849023
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt022400
IRS990/DepreciationDepletionGrp/TotalAmt022400
IRS990/Desc0PROVIDING SUPPORTED COMMUNITY LIVING SERVICES TO CHILDREN WITH DISABILITIES AND THEIR FAMILIES IN THE STATE OF IOWA.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0KIDS FIRST OF IOWA
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt024
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01044200
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05198
IRS990/FeesForServicesAccountingGrp/TotalAmt05198
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt02835
IRS990/FeesForServicesLegalGrp/TotalAmt02835
IRS990/FeesForServicesManagementGrp/FundraisingAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt02171
IRS990/FeesForServicesManagementGrp/TotalAmt02171
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt060.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0JEREMY GOMEZ
IRS990/Form990PartVIISectionAGrp/PersonNm1EDWARD MEAD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0151036
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1153265
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR OF OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0849023
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt024170
IRS990/InsuranceGrp/TotalAmt024170
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0232
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt022400
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0112442
IRS990/LandBldgEquipCostOrOtherBssAmt0134842
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDING SUPPORTED COMMUNITY LIVING SERVICES TO CHILDREN WITH DISABILITIES AND THEIR FAMILIES IN THE STATE OF IOWA
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0488399
IRS990/NetAssetsOrFundBalancesEOYAmt0293222
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt028413
IRS990/OccupancyGrp/TotalAmt028413
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt026043
IRS990/OfficeExpensesGrp/TotalAmt026043
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt058574
IRS990/OtherEmployeeBenefitsGrp/TotalAmt058574
IRS990/OtherExpensesGrp/Desc0AUTO EXPENSE
IRS990/OtherExpensesGrp/Desc1CLIENT ASSISTANCE
IRS990/OtherExpensesGrp/Desc2MEDICAL SUPPLIES
IRS990/OtherExpensesGrp/Desc3MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt052245
IRS990/OtherExpensesGrp/ProgramServicesAmt120505
IRS990/OtherExpensesGrp/ProgramServicesAmt22950
IRS990/OtherExpensesGrp/ProgramServicesAmt319245
IRS990/OtherExpensesGrp/TotalAmt052245
IRS990/OtherExpensesGrp/TotalAmt120505
IRS990/OtherExpensesGrp/TotalAmt22950
IRS990/OtherExpensesGrp/TotalAmt319245
IRS990/OtherLiabilitiesGrp/BOYAmt038778
IRS990/OtherLiabilitiesGrp/EOYAmt026845
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0379363
IRS990/OtherSalariesAndWagesGrp/TotalAmt0379363
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt054018
IRS990/PayrollTaxesGrp/TotalAmt054018
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt016885
IRS990/PensionPlanContributionsGrp/TotalAmt016885
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JEREMY GOMEZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0823
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0891
IRS990/PYOtherExpensesAmt0224692
IRS990/PYProgramServiceRevenueAmt01047119
IRS990/PYRevenuesLessExpensesAmt0-84572
IRS990/PYSalariesCompEmpBnftPaidAmt0908713
IRS990/PYTotalExpensesAmt01133405
IRS990/PYTotalRevenueAmt01048833
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-195177
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0849023
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0488399
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0293222
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0143
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0823
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0853
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0906
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02725
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0232
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0892
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0212
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt068
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt031
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01435
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0848648
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01047119
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01510977
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01350987
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01104382
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05862113
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0232
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0892
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0212
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt068
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt031
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01435
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt05864838
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0848791
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01047942
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01511830
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01351893
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01104382
IRS990ScheduleA/Total509Grp/TotalAmt05864838
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05866273
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0112442
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022400
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0134842
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt023213
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13632
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LINE OF CREDIT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0112442
IRS990ScheduleD/TotalLiabilityAmt026845
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0135343
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1135343
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount015693
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount117922
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt01800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt12050
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JEREMY GOMEZ
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1EDWARD MEAD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0152836
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1155315
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEW BY DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0527177
IRS990/TotalAssetsEOYAmt0320067
IRS990/TotalAssetsGrp/BOYAmt0527177
IRS990/TotalAssetsGrp/EOYAmt0320067
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0143
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01044200
IRS990/TotalFunctionalExpensesGrp/TotalAmt01044200
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt038778
IRS990/TotalLiabilitiesEOYAmt026845
IRS990/TotalLiabilitiesGrp/BOYAmt038778
IRS990/TotalLiabilitiesGrp/EOYAmt026845
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0488399
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0293222
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0848648
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt01044200
IRS990/TotalProgramServiceRevenueAmt0848648
IRS990/TotalReportableCompFromOrgAmt0304301
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0848880
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0849023
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0527177
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0320067
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05802 PRAIRIE GRASS LN NE
IRS990/USAddress/CityNm0CEDAR RAPIDS
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052411
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JEREMY GOMEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03192394339
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIMITLESS POTENTIAL INC
ReturnHeader/Filer/BusinessNameControlTxt0LIMI
ReturnHeader/Filer/EIN0272853497
ReturnHeader/Filer/PhoneNum03192394339
ReturnHeader/Filer/USAddress/AddressLine1Txt05802 PRAIRIE GRASS LN NE
ReturnHeader/Filer/USAddress/CityNm0CEDAR RAPIDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052411
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$320,067
Liabilities
$26,845
Net assets
$293,222
Revenue
$849,023
Expenses
$1,044,200
Net income
-$195,177
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.03$0.64$1.54$1.42$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.45$0.01$0.44$1.39$1.25$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.32$0.03$0.29$0.85$1.04$0.20
2021Detailed filing. Detailed filing data is available for this year.$0.53$0.04$0.49$1.05$1.13$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.61$0.03$0.57$1.51$1.18$0.33
2019Detailed filing. Detailed filing data is available for this year.$0.25$0.01$0.24$1.35$1.16$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.02$0.12$0.10$0.99$0.96$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.02$0.15$0.12$1.29$1.26$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.16$0.16$0.92$0.93$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.01$0.14$0.14$0.84$0.99$0.15
2013Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.00$0.93$0.91$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.02$0.01$0.71